The Australian sharemarket retreated from a four-and-a-half year high before last-minute budget talks at the White House aimed at avoiding $US85 billion of automatic spending cuts, the so-called sequester, due to start taking effect today ...
Australian stocks were lower early today after below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading. Chinese manufacturing data was the main data point today, with the official ...
Tags: sharemarket, shares, US dollar
The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
The Australian dollar is lower following the release of weaker Chinese manufacturing data on Friday and the onset of automatic spending cuts in the US. At 6.30am AEDT today, the currency was trading at 101.99 US cents, down from 102.36 US ...
Tags: Australian dollar, currency, US cents
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.1 percent in February this year, down 0.3 percentage points compared to January, according to the figures released by China’s National Bureau of ...
Tags: manufacturing, raw material, ferrous metal
The Australian dollar softened yesterday after weaker-than-expected Chinese manufacturing data raised concerns over the momentum of recovery in the world's second-largest economy and Australia's biggest trading partner. The preliminary ...
Tags: PMI, Australian dollar, dollar
The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
In January this year, foreign direct investment (FDI) into China (excluding the banking, securities and insurance sectors) declined by 7.3 percent year on year to $9.27 billion, as announced by China’s Ministry of Commerce (MOC) on ...
Tags: Chinese manufacturing, investment, manufacturing sector
It was less than 20 years ago that Samsung was seen as a cheap electronic supplier with its fair share of quality issues, yet today it's a major player in electronics – everything from smartphones to televisions and whitegoods. The ...
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.4 percent in January, down 0.2 percentage points compared to December last year, according to the figures released by China’s National Bureau of ...
The Australian dollar rose today following rallies on US share markets on Friday night. At 6.30am AEDT the currency was trading at 104.04 US cents, up from 103.99 US cents at the local close on Friday. The dollar fell as low as 103.61 ...
Weaker-than-expected Chinese manufacturing data sent the dollar lower today, ahead of all-important US employment figures due overnight. China's official Purchasing Managers Index fell to 50.4 in January from 50.6 in December, lower than ...
Tags: Dollar, Australian dollar, exchange rate
The Australian dollar has traded higher today, rebounding following several days of weakness. At 7am AEDT the currency was trading at 104.36 US cents, up from 104.06 cents at yesterday’s local close. Westpac New Zealand senior ...
Tags: Australian dollar, US cents, currency
At 5pm AEDT, the Aussie was trading at $US1.0452, up from $US1.0449 on Friday. Since 7am AEDT, the local currency traded between $US1.0406 and $US1.0454. CMC Markets foreign exchange dealer Tim Waterer said the dollar had fallen over ...
Tags: AEDT, Aussie, local currency
The Australian dollar continued to weaken despite a positive reading for Chinese manufacturing, falling more than half a US cent overnight. At 6.30am AEDT the Australian dollar was at 104.62 US cents, down from yesterday’s local ...
Tags: Australian dollar, US cent, dollar